APRIL 03, 2013

IPL

IPL franchises still in the red

ESPNcricinfo staff

Going into the league's sixth season, most of the IPL franchises are still struggling to make money, says a report in Mint. It says that a reduced share of broadcasting fee and central sponsorship revenues, stagnating contribution from ticket sales and rising costs mean most franchises will take a longer time to post profits, although sponsorship incomes for individual teams are stabilising.

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